$724,900Asking Price
536 Cannon Street E, Hamilton, ON L8L 2E9
Gibson, Hamilton
An exceptional opportunity in Hamilton's Gibson/Stipley neighbourhood, just steps to downtown, this tastefully renovated century home offers over 2,100 sq ft of finished living space across three self-contained units, making it an ideal investment property generating $4,777.50 per month or an incredible multi-generational home for a large family. Configured as a legal duplex with an in-law suite, it delivers strong rental income potential with an estimated net cashflow of $975.65* per month OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down to an estimated $151* PER MONTH! Talk about affordability! Fully renovated in 2022, each unit features bright white kitchens with quartz countertops, stainless steel appliances, over-the-range microwaves, dishwashers, and the added convenience of in-suite laundry. Separate hydro meters allow for efficient utility management, enhancing tenant appeal and investor returns. The spacious unit mix includes a two-level 2-bedroom, 2-bathroom suite both levels with family rooms, a well-appointed 2-bedroom unit, and a 1-bedroom suite with a full 4-piece bath. Modernized bathrooms, a fenced backyard, and a fire escape for added safety complete the offering. Positioned steps to Tim Hortons Field, the Wentworth Stairs, public transit, and quick downtown Hamilton access, this turnkey property combines location, functionality, income and affordability in one compelling package. RSA.
An exceptional opportunity in Hamilton's Gibson/Stipley neighbourhood, just steps to downtown, this tastefully renovated century home offers over 2,100 sq ft of finished living space across three self-contained units, making it an ideal investment property generating $4,777.50 per month or an incredible multi-generational home for a large family. Configured as a legal duplex with an in-law suite, it delivers strong rental income potential with an estimated net cashflow of $975.65* per month OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down to an estimated $151* PER MONTH! Talk about affordability! Fully renovated in 2022, each unit features bright white kitchens with quartz countertops, stainless steel appliances, over-the-range microwaves, dishwashers, and the added convenience of in-suite laundry. Separate hydro meters allow for efficient utility management, enhancing tenant appeal and investor returns. The spacious unit mix includes a two-level 2-bedroom, 2-bathroom suite both levels with family rooms, a well-appointed 2-bedroom unit, and a 1-bedroom suite with a full 4-piece bath. Modernized bathrooms, a fenced backyard, and a fire escape for added safety complete the offering. Positioned steps to Tim Hortons Field, the Wentworth Stairs, public transit, and quick downtown Hamilton access, this turnkey property combines location, functionality, income and affordability in one compelling package. RSA.
See MoreKey Info
- 2.5-Storey Detached
- 0-Car Driveway
- No Garage
- STIRTON ST
- 1500-2000 Approximate Sq Feet
- Basement: Finished, Full
- 3 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 25.5 x 80 Feet
- Brick/Vinyl Siding Exterior
- Taxes were $4,792 in 2026
- Possession: FLEXIBLE
Details
- No Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #X13016214
- RE/MAX ESCARPMENT REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 13.58' x 10.66' | |
| 2 | Bathroom | Main | 4-PieceBath | |
 | 1 4-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom | |||
| 1 4-Piece Bathroom | |||
| 1 4-Piece Bathroom | |||
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Who lives here?
Gibson, Hamilton is a west GTA neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 20 to 24 and adults aged 25 to 44.
Families
Kids Per Family
1.5
kids per family
in the neighbourhood.
Singles
62%
of residents are
single and loving it.
62% singles
Hamilton (46%)Renters
65%
of residents
are renters.
65% renters
Hamilton (32%)Education
15%
of residents are
university grads.
15% university grads
Hamilton (28%)Income
Average Household Income
$56K
is the average household
income in the neighbourhood.
Professions
Professions
| Sales | 16% |
| Trades | 8% |
| Business | 5% |
| Manufacturing | 4% |
| Government | 4% |
Immigrants
27%
of residents were
born outside of Canada.
27% immigrants
Hamilton (25%)Birthplace - All
2.3% from Syria
All-time
Birthplace - Recent
0.7% from Somalia
Recent
Foreign Languages
Foreign Languages
| Arabic | 3% |
| Vietnamese | 3% |
| Spanish | 2% |
| French | 2% |
| Somali | 2% |
Religions
Religions
| Christian | 55% |
| Muslim | 4% |
| Buddhist | 2% |
| Hindu | 1% |
